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weqwewe [10]
2 years ago
5

Aja made a 20% down payment on a house and was approved for a $185,000 mortgage. Therefore, she should expect her closing costs

to be about $3,700 to $12,950.
O A True
O B. False​
Mathematics
1 answer:
vladimir1956 [14]2 years ago
8 0

If Aja was approved for a $185,000 mortgage is true Aja's closing costs are between $3,700 and $12,950.

<h3>What are closing costs?</h3>

This is the amount of money paid for the mortgage settlement or closing.

<h3>How to calculate the closing costs?</h3>

The closing costs are equal to 2-7% of the cost of the loan.

<h3>What are Aja's closing costs?</h3>

185,000 x 0.02 = $3700 (2%)

185,000 x 0.07 = $12,950 (7%)

Learn more about loan in: brainly.com/question/11794123

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